WSE:WIG20 10 December 2025

April 2, 2026, 5:15 AM EDT. India's stock market tumbled sharply on April 2 following U.S. President Donald Trump's address, which failed to ease concerns over Middle East tensions. The Nifty 50 index dropped nearly 500 points, falling below crucial support levels as global risk-off sentiment intensified. Experts at Bajaj Broking suggest the index could consolidate between 22,300 and 22,900 points if it holds key support, or slide toward 21,800-22,100 if those levels break. PL Capital's Vikram Kasat emphasizes that developments around the Strait of Hormuz remain critical for market direction, noting that reopening this vital oil shipping lane is essential for stabilizing global economies. Global brokerages are increasingly cautious on Indian equities amid elevated energy price risks and geopolitical uncertainty.